The above company have come out with outstanding figure this morning with a 85% rise in operating profits and the payment of the first Divi. The Directors are well pleased and have bought very heavily.

GB Group PLC
21 May 2003

GB GROUP PLC ('the Company')

Interests in Shares of the Company

GB Group announces the following interests in the share capital of the
Company of which it was notified today.

• Richard Law, Chief Executive, purchased 150,000 Ordinary 2.5p Shares of the
Company at a price of 13.41 pence per share. His total beneficial holding of
457,604 Ordinary 2.5p Shares represents 0.58% of the issued share capital of
the Company. Prior to this announcement, Mr Law held 307,604 Ordinary 2.5p
Shares, which represented 0.39% of the issued share capital of the Company.


• Mona Navin-Mealey, Group Finance Director, purchased 180,000 Ordinary 2.5p
Shares of the Company at a price of 13.41 pence per share. Her total
beneficial holding of 270,000 Ordinary 2.5p Shares represents 0.34% of the
issued share capital of the Company. Prior to this announcement,
Mrs Navin-Mealey held 90,000 Ordinary 2.5p Shares, which represented 0.11%
of the issued share capital of the Company.

• David Cockerill, Managing Director of the Company's DataManagement and
DataInsight Division purchased 75,000 Ordinary 2.5p Shares of the Company at
a price of 13.41 pence per share which represents 0.09% of the issued share
capital of the Company. Mr Cockerill did not hold any shares in the Company
prior to this announcement.


Contact:
John Constantin
Company Secretary
GB Group plc

Tel: 01244 657333



This information is provided by RNS
The company news service from the London Stock Exchange


G.

Just check the cash on the books, 6.8 million, now check the market cap of the company. Suprised?????, I was. WAY UNDERVALUED.





GB Group PLC
21 May 2003


For Immediate Release

Wednesday, 21 May 2003


GB GROUP PLC
('GB' or the 'Group')


Preliminary Results for the Year Ended 31 March 2003


Highlights


• The Board proposes to pay its first dividend of 0.5p per share
representing approximately 53% of the Group's profits after tax and goodwill.

• The Group's business is profitable and cash generative. In the year
ended 31 March 2003, operating profits of the continuing business before
goodwill increased by 85% to 1.1 million (2002: 0.6 million) on turnover
that was 6% down at 11.2 million in tight markets (2002: 12.0 million).

• The Group's retained profit after goodwill amortisation, exceptional
costs, taxation and the proposed dividend was 0.3 million (2002: 1.7 million
loss).

• Cash generated from the operating activities of the continuing business was
1.4 million (2002: 0.5 million).

• At 31 March 2003, the Group had net cash balances of 6.7 million
(2002: 5.3 million), up 26% from the previous year, and the current cashflows
are positive. On 20 May 2003, the Group had net cash balances of 6.8 million.

• The Group's strategy is to continue developing new business
opportunities around its core activities and be prepared to invest in those new
business opportunities that have the correct level of potential.

• During the year the Group reorganised its business along sector lines to improve
the efficiency and accountability of its operations and to generate benefits
from sector specialisation. In addition, the acquisition of eWare Interactive Limited
in November 2002 has given the Group greater presence in its markets and has
led to several significant new contract signings including AstraZeneca and
Standard Life.

• During the year, the Group appointed Mona Navin-Mealey as Finance
Director. The Group also announces today the appointment of Alex Green as a
non-executive director and Trevor Harrison's intention to resign as a
non-executive director in September 2003.


John Walker-Haworth, Chairman, commented: 'With regard to prospects for the
current year, turnover since the start of the year is marginally ahead of the
comparative period last year. Given the present delicate state of the economy,
however, it is premature to be anything other than cautious with respect to the
year as a whole. What I can say with confidence is that GB is now an efficient
and competitive business and is a company of higher all-round quality than it
was a year ago. On behalf of the Board, I congratulate Richard Law and GB's team
of talented managers and employees for their hard work and on their
achievements.'


For further information, please contact:

GB Group plc
Richard Law, Chief Executive 01244 657333
Mona Navin-Mealey, Finance Director

Weber Shandwick Square Mile 020 7067 0700
Richard Hews
Christian

G

Chart starting to look very strong.


Watch candidate (21 May 2003) [Auto] Help
Has risen 200% since the bottom on 14 Dec 2001 at 5.00. Has broken the ceiling of the falling trend, which indicates a slower initial falling rate. Has broken a resistance level in the short term and given a positive signal for the short-term trading range. The stock has broken up through the resistance at p 14.20. This predicts a further rise.

G

Well this Shares Mag has good taste.

SHARES MAGAZINE
The Plays of the Week:
*Buy Galen Holdings (GAL.L) at 555p - GB Group (GBG.L) at 15p - Glenmorangie (GMGA.L) (long-term) at 775p.
*Sell Kensington Group (KGN.L) at 260p. G